MAE marion energy limited
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re: Ann: Targets Gas Production of 15 mmcf pe... Some supporters...

  1. Cacoethes
    130 Posts.
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    02/06/10
    12:18
    Post #: 6761934
    re: Ann: Targets Gas Production of 15 mmcf pe... Some supporters claim to be putting up ST funding to the tune of 4-5m. If true, and I suspect that it is, why would they do this? A fully underwritten CR would be one reason. Think about it. If you were unaware of the past (and if is a sunk cost if you lost) MAE would look very tempting. Asset, infrastructure, credible ops management, a credible plan and enough cash to get the targeted production.
    DYOR - it is all out there.
    MAE Price at posting: 2.4¢ Sentiment: ST Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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